(a)[2]
State two reasons why a business prepares a flexed budget.
(b)[6]
Prepare a statement to show the budgeted profit for the month of March.
(c(i))[2]
Calculate the direct labour rate variance for March.
(c(ii))[2]
Calculate the direct labour efficiency variance for March.
(c(iii))[1]
Calculate the total direct labour variance for March.
(d(i))[2]
Calculate the number of hours actually worked in April.
(d(ii))[5]
Calculate the number of units actually made and sold in April.
(e)[2]
Suggest two possible reasons why the efficiency variance was adverse in April.
(f)[3]
Discuss the disadvantages to EF plc if they go ahead with this plan.